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Given that some normally distributed data has a mean of 942.5 and a standard deviation of 96. What is the value x of this data set where 85% of all other data values are greater?
Suppose that Demand is D = 10-2P, where P is price. (a) Evaluate the elasticity of demand at P = 2. (b) Evaluate the elasticity of Demand at P = 3. (c) Write the marginal revenue, evaluated at these two prices.
what single payment at the end of year 5 is equivalent to an equal annual series of payments of $800 beginning at the end of year 3 and ending at the end of year 12? The interest rate is 8% compounded annually
Firm S produces steel with a cost function cS(s,x) = s^2 + 10 − (12x − x^2), where s is units of steel and x is units of a pollutant that is a byproduct of steel production. Another firm F produces fish with a cost function cF(f,x)=3f^2+fx,where f is..
How would you make a convincing case that open trade in goods and services as well as free flow of foreign direct investment will enhance the well-being of (a) consumers, (b) producers, and (c) the government of countries? Give specific examples to p..
find in the B.7 table & write down a critical value of Chi2 that you've used for the decision about H0
A large electric utility company releases 62 million tons of greenhouse gases in to the environment each year. A company has committed to spending $1.2 billion in capital over the next 5 years to reduce its annual emissions by 5%. More will be spent ..
Within the balance of payments, if the current account has a deficit of US$2.2billion, the capital account
In a recent year, a bank earned $12 million in interest on its assets of $177 million, it paid out $8 million in interest on its liabilities (excluding capital) of $172 million, and it paid its workers $3 million in total compensation. The bank's spr..
According to the Keynesian model, what are the two components of consumption spending? What factors determine how consumption changes when real disposable income changes? Explain.
Calculate total economic surplus under monopoly also competition. The difference is the social cost of monopoly
Suppose you have a non-standard deck of cards. The deck has 25 cards: 5 Aces, 5 2's, 5 3's, 5 4's, and 5 5's. Suppose the deck is well-shuffled.
The No. 1 issue is that we have a problem in that organizations that claim to manage roles and responsibilities may not be doing so
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